News coverage on electronic payments and technology trends.

 

The payments industry is more dynamic than ever and changes occur at a rapid pace. Visit our news section often for the latest developments and to learn about educational webinars and conferences we'll attend in 2014.


Staples Breach Hits 1.1 Million Payment Cards

Staples on Friday (Dec. 19) said that it has now confirmed that at least 1.16 million payment cards were impacted in the breach it announced in September. It found malware at 115 of its more than 1,400 stores and is now reporting that “malware may have allowed access to some transaction data at affected stores, including cardholder names, payment card numbers, expiration dates, and card verification codes.”

Apple Pay: What The Early Numbers Are Telling Us


Everyone seems to want to know if Apple Pay is going to be the game-changer its rollout seemed to promise. Certainly participating banks are all in, offering promotions for customers who use the technology. 

A Five Year Glimpse Into Consumer Payment Preference

What does five year’s worth of looking inside consumer’s payments preferences show us? Well, for one thing, that cash isn’t dead and won’t be going away anytime soon, despite the endless number of innovations that have emerged over the years to eliminate the need to use physical currency.

 

63% Of Businesses Don't Encrypt Credit Cards

 

In its third study on unencrypted card data, SecurityMetrics' 5-year-old patented card discovery tool PANscan® found that 63.86% of businesses store the unencrypted 16-digit sequence on the front of credit cards, also known as the Primary Account Number (PAN). SecurityMetrics also found 7% of businesses store the magnetic stripe data on the back of credit cards.

 

 

 

We provide a variety of informative and educational resources to assist you with your payment processing needs.

 


  • AMS will be exhibiting at the upcoming conferences in 2016. Stop back often as we'll be adding more dates as they become available.

     

    We look forward to seeing you at one of these events!

    April 18 - 22, 2016 • Las Vegas, NV 

     

    May 1 - 4, 2016 • Phoenix, AZ

     

    GFOA 109th Annual Conference
    May 22 - 25, 2016 • Toronto, Ontario 

     

    June 11 - 15, 2016 • Orlando, FL

     

    AMS Credit Card Processing Blog